Actividades de Construccion y Servicios SA (ACS SM):
Spain’s biggest construction company is due to report first-
quarter earnings after the market closes. The shares lost 1.3
percent to 32.90 euros.

Almirall SA (ALM) : The Barcelona-based pharmaceutical
company said its Actikerall dermatological treatment was
recommended for approval in seven European countries including
Germany, the U.K., Poland and Austria. The company is scheduled
to report first-quarter earnings. The stock gained 1.1 percent
to 7.98 euros.

Endesa SA (ELE) : The Spanish power company controlled by
Enel SpA is due to report earnings before the market opens. The
stock lost 2.2 percent to 22.95 euros.

Viscofan SA (VIS) : The Spanish sausage-casing maker is
scheduled to report first-quarter earnings after the market
closes. The shares lost 2.7 percent to 29.72 euros.

Portuguese stocks:

REN-Redes Energeticas Nacionais SA (RENE PL): The operator
of Portugal’s electricity and gas networks said first-quarter
net income rose 37 percent to 34.4 million euros. The stock lost
0.6 percent to close at 2.45 euros before the earnings
announcement.